Citation Name: 2023 CLD 329 PESHAWAR-HIGH-COURTBookmark this Case KAMRAN FILLING STATION vs HABIB BANK LIMITED Ss — 2023 CLD 329 PESHAWAR-HIGH-COURT

Case information

Citation: 2023 CLD 329 PESHAWAR-HIGH-COURT
Court: Peshawar High Court
Year: 2023
Reporter: CLD
Parties: Citation Name: 2023 CLD 329 PESHAWAR-HIGH-COURTBookmark this Case KAMRAN FILLING STATION vs HABIB BANK LIMITED Ss
Subject matter: Civil
Provisions referred to: S. 10

Fields are extracted from the reported citation and judgment text. Where a detail is not stated in the record, it is not shown.

Judgment text as reported

Citation Name: 2023 CLD 329 PESHAWAR-HIGH-COURTBookmark this Case KAMRAN FILLING STATION VS HABIB BANK LIMITED Ss. 10 & 22---Suit for recovery of Bank loan---Leave to defend the suit, refusal of---Mandatory provisions, non-compliance of---Effect---Appellant/defendant was declined leave to defend the suit and suit was decreed in favour of respondent/plaintiff Bank---Validity---Borrower under S. 10(4) of Financial Institutions (Recovery of Finances) Ordinance, 2001 was to show in all fairness as to what amount he had availed of from a financial institution, payments so made by him to the financial institution and amount which was accepted to be his liability, to be finally paid to the Bank---Provision of S. 10(4) of Financial Institutions (Recovery of Finances) Ordinance, carried penal consequences as well, which was that in the event of failure of a borrower to meet requirements of S. 10(3)(4) & (5) of Financial Institutions (Recovery of Finances) Ordinance, 2001 his leave to defend application would be rejected---High Court declined to interfere in judgment and decree passed by Trial Court---Appeal was dismissed in circumstances.

Other judgments reported in 2023 CLD

2023 CLD 393 LAHORE-HIGH-COURT-LAHORESTATE LIFE INSURANCE CORPORATION OF PAKISTAN VS SURRIYA ASGHAR S. 118---Civil Procedure Code (V of 1908), O. XIV, R. 1---Payment of liquidat…
2023 CLD 1184 SUPREME-COURTQazi HUMAYUN VS Mst. SABIHA QAYUM all objections regarding liability and its discharge come to a close after the lapse of the limitation per…
2023 CLD 1184 SUPREME-COURTQazi HUMAYUN VS Mst. SABIHA QAYUM Notice---Party residing outside Pakistan---Under the law service by publication is good service even in re…
2023 CLD 466 SUPREME-COURTSAIF POWER LIMITED VS FEDERATION OF PAKISTAN through Secretary Ministry of Law, Civil Secretariat Islamabad Ss. 231, 263 & 265---Security an…
2023 CLD 297 SUPREME-COURTSUMMIT BANK LIMITED, LAHORE VS M. M. BROTHERS, PROPRIETORSHIP CONCERN O. XXI, Rr. 66 & 67(2)---Proclamation of sales by public auction---Com…
2023 CLD 297 SUPREME-COURTSUMMIT BANK LIMITED, LAHORE VS M. M. BROTHERS, PROPRIETORSHIP CONCERN O. XXI, Rr. 64, 65, 66, 67 & 90---Proclamation of sales by public auct…

Back to the case-law library · Search Pakistani case law in Urdu or English